ELGI Equipments Associate Engineer Salaries by 7 Employees

1 - 4 years exp.

₹2.3 Lakhs - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

54% less than the average Associate Engineer Salary in Industrial Machinery Companies for 1 - 4 years of experience

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Last Updated: 17 Sep 2023

Companies similar to ELGI Equipments for Associate Engineer

Company name	Avg Annual Salary	Open Jobs
Kennametal Associate Engineer Salary 2 - 11 years exp. (25 salaries)	₹3 L/yr - ₹9.6 L/yr 142% more	2 job openings
Tega Industries Associate Engineer Salary 3 - 10 years exp. (23 salaries)	₹2.1 L/yr - ₹5 L/yr 59% more
Login to view exact salary
ABB Associate Engineer Salary 0 - 6 years exp. (14 salaries)	₹4.4 L/yr - ₹13.6 L/yr 258% more
ESAB Associate Engineer Salary 1 - 3 years exp. (7 salaries)	₹3 L/yr - ₹7.5 L/yr 61% more
EMERSON PROCESS MANAGEMENT Associate Engineer Salary 1 - 2 years exp. (6 salaries)	₹4.7 L/yr - ₹6.6 L/yr 115% more
Thermax Limited Associate Engineer Salary 0 - 3 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 76% more
Timken Associate Engineer Salary 2 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹6 L/yr 104% more
Escorts Construction Equipment Associate Engineer Salary 1 - 3 years exp. (5 salaries)	₹2 L/yr - ₹2.2 L/yr 18% less
Kirloskar Brothers Associate Engineer Salary 3 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹3.9 L/yr 50% more

Associate Engineer salary at ELGI Equipments ranges between ₹2.3 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 7 latest salaries received from various employees of ELGI Equipments.

Experience wise ELGI Equipments Associate Engineer salaries

Last Updated: 17 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.3 L/yr
2 years (3 salaries)	₹2.3 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

Similar Designation salaries in ELGI Equipments

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(4 salaries)

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Project Engineer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Senior Engineer Salary

(164 salaries)

₹4.3 L/yr - ₹15 L/yr

Lead Engineer Salary

(24 salaries)

₹5.5 L/yr - ₹11 L/yr

Senior Software Engineer Salary

(4 salaries)

₹6 L/yr - ₹7.37 L/yr

Software Developer Salary

(4 salaries)

₹3 L/yr - ₹10 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹10 L/yr - ₹12.8 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Salary related reviews for ELGI Equipments

1.0

Rated by 1 employees for salary & benefits

Senior Engineer in Coimbatore

Full Time

Procurement & Supply Chain Department

3.0

• posted on 16 Jan 2022

1.0

for Salary and Benefits

Likes

Elgi is growing company with good hopes and it's good for new joinee with 4 to 5 years of intial work life to learn new things and work freely. It gives more opportunity for a new aspirants.

Job security - Excellent

+1 more

Dislikes

The salary hikes are not upto the market standards .

Salary - Bad

+2 more

Senior Engineer in Coimbatore

Research & Development Department

3.0

• posted on 04 Aug 2019

3.0

for Salary and Benefits

Likes

MD's ideology is good. Besides that there are some very nice people at ElGi who are both friendly and supportive.

Skill development - Good

+1 more

Dislikes

Probably need to give more compensation pertaining to the market. Work culture is improving...but need to improve more

Area Sales Manager in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

Boss culture is not in Elgi . Boss are very supportive to drive and handle responsibilities

Salary - Excellent

+6 more

Dislikes

Car policy should be revised at manager level and salary structure at manager level should be distinguished with lower bands

Deputy Manager Accounts-OTC in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 12 Dec 2024

4.0

for Salary and Benefits

Likes

... company’s growth. You easily access to talk & discussions with management team. Whatever situation is comes you get your salary last working day for the month.Work from anywhere facility world wide.You are responsible for your job, no one force you to do work for late evening or weekends.

Salary - Good

+4 more

Dislikes

As a finance professional under S& S team, that basis very low opportunity to next level as well as training & upgrade.

Deputy Manager in Coimbatore

Full Time

Research & Development Department

2.0

• posted on 24 May 2024

2.0

for Salary and Benefits

Likes

Quick design and development cycle. Complete ownership of the product design lifecycle.

Dislikes

R&D management Poor compensation Terrible work ethics Poor project planning Occasional harrassment High work pressure with poor design infrastructure

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ELGI Equipments Associate Engineer Salary FAQs

What is the salary of Associate Engineer at ELGI Equipments ?

The average salary of a Associate Engineer at ELGI Equipments in India typically ranges from ₹2.3 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Associate Engineer at ELGI Equipments earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Associate Engineer Salaries at ELGI Equipments can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 ELGI Equipments employees in India.

What is the estimated take home salary of a Associate Engineer at ELGI Equipments in India?

The estimated take-home salary of a Associate Engineer at ELGI Equipments in India typically ranges from ₹17,503 to ₹19,204 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of ELGI Equipments. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ELGI Equipments for Associate Engineer in India?

ABB	₹4.4 Lakhs to ₹13.6 Lakhs per year
Kennametal	₹3.0 Lakhs to ₹9.6 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹4.7 Lakhs to ₹6.6 Lakhs per year
Timken	₹2.8 Lakhs to ₹6.0 Lakhs per year
Thermax Limited	₹3.0 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ELGI Equipments, depending on the role and experience level.

What is the salary of a Associate Engineer in companies similar to ELGI Equipments in India?

The salary of a Associate Engineer at companies similar to ELGI Equipments in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ESAB	₹3.0 Lakhs to ₹7.5 Lakhs per year
Tega Industries	₹2.1 Lakhs to ₹5.0 Lakhs per year
Kirloskar Brothers	₹3.5 Lakhs to ₹3.9 Lakhs per year
Escorts Construction Equipment	₹2.0 Lakhs to ₹2.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Associate Engineer at ELGI Equipments in India?

The salary growth for a Associate Engineer at ELGI Equipments depends on factors such as experience, performance, and promotions. On average, a Associate Engineer can expect the following growth trajectory at ELGI Equipments:

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.3 Lakhs to ₹4.7 Lakhs per year
4 years	₹1.1 Lakhs to ₹3.0 Lakhs per year

and so on.

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ELGI Equipments Associate Engineer Salaries

ELGI Equipments Associate Engineer salary in India ranges between ₹2.3 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ELGI Equipments latest salaries received from various employees of ELGI Equipments.